Hook

Their other posts in the index, biggest breakout first.
WHAT IS A HEDGE FUND ANALYST AND WHY IS IT ONE OF THE HIGHEST PAYING AND HARDEST JOBS TO GET IN FINANCE. THE FIRST STEP IS TO EXPLAIN WHAT A HEDGE FUND IS. A HEDGE FUND IS A PRIVATELY MANAGED FUND THAT PULLS MONEY FROM MANY WEALTHY SOPHISTICATED INVESTORS. YOU HAVE TO BE IN A HEDGE FUND. HEDGE FUNDS TAKE MANY HIGH RISK STRATEGIES THAT ARE OUTSIDE OF THE NORM OF WHAT AN INVESTOR WOULD NORMALLY TAKE. BASICALLY THEY ARE HIGHLY UNREGULATED BY THE SEC. AND THEY USUALLY TAKE A HEDGE WHICH IS SOMETHING THAT HELPS OFFSET THE RISK OF THE HIGH RETURNS THEY'RE TRYING TO GAIN. NOW WHAT ARE SOME NECESSARY SKILLS THAT ARE AVAILABLE FOR THE ROLE? THE FIRST ONE IS FINANCIAL MODELING, BUILDING FINANCIAL MODELS AND BEING ABLE TO EXPLAIN THEM EXTENSIVELY. THE NEXT ONE IS GOING TO BE CRITICAL THINKING AND ALSO TECHNICAL SKILLS, UNDERSTANDING WHY COMPANIES ARE A GOOD FIT IN PROBLEM SOLVING. TRYING TO FIGURE OUT WHY PEOPLE AREN'T GOING TO INVEST IN IT. IS GONNA BE JUST HAVING A BACKBONE OR HAVING THICK SKIN BECAUSE A LOT OF THE TIME YOU ARE GONNA BE WRONG. THESE AREN'T RETURN GUARANTEED. NOW, LET'S TALK ABOUT SALARY. STARTING OFF, YOU'RE MAKING ANYWHERE FROM ONE HUNDRED AND FIFTY THOUSAND DOLLARS. GREAT CAREER. SEE, SENIOR PEOPLE ARE MAKING ANYWHERE FROM FIVE HUNDRED THOUSAND DOLLARS TO A MILLION DOLLARS, EVEN MORE THAN TOP HEDGE FUNDS. BUT HERE'S THE KICKER. THIS IS A VERY, VERY, VERY DIFFICULT JOB. VERY DIFFICULT JOB TO GET INTO. ARGUABLY THE HARDEST JOB TO GET IN FINANCE BECAUSE OF THE LACK OF JOBS, ESSENTIALLY. AND ALSO IT'S JUST SUPER, SUPER, SUPER COMPETITIVE. NOW, THE FUTURE OUTLOOK IS VERY, VERY INTERESTING. A LOT OF HEDGE FUNDS ARE TAKING MORE OF A QUANT MATHEMATICAL AI APPROACH THAN THEY DID BEFORE. SO IT'S A VERY CHANGING LANDSCAPE THAT'S GONNA REQUIRE NEW SKILLS, QUALIFICATIONS THAT THE HEDGE FUNDS ARE GONNA BE LOOKING FOR TO HIRE FROM. I WOULD RATE THIS CAREER AT NINE POINT TWO OUT OF TEN. I THINK THIS CAREER IS SUPER INTERESTING, SUPER COOL, ALL AROUND GREAT. BUT IT'S JUST REALLY, REALLY HARD TO BREAK INTO, WHICH IS WHY IT'S NINE POINT TWO AND NOT ANY HIGHER. I THINK HEDGE FUND ANALYSTS ROLLING, I'M GONNA GET THAT IT'S EXTREMELY HARD BUT CAN'T BE SURELY WORTH IT. IT'S EARLY COLD, BUT ALSO THE EXPERIENCE I'M LOOKING AT, THE NETWORKING, I'M LOOKING AT THE PEOPLE YOU GET TO INTERACT WITH. BECAUSE LIKE I SAID, YOU'RE ONLY INTERACTING WITH WEALTHY AND SOPHISTICATED INVESTORS. MY NAME IS WILL. THIS IS DAY NUMBER NINETEEN AND TALKING ABOUT THE PLACE EVERY DAY. I'LL TALK TO YOU GUYS TOMORROW.